Plant Phenotyping Market Analysis and Growth Forecast to 2031 - Increasing Demand for High-Throughput Screening and Trait Identification Driving Market Expansion

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global xx Market Size, Share & Trends Analysis Report By Product Type (Equipment, Software (Data Acquisition, Image Analysis, System Control, and Others}, and Sensors (Image Sensors, NDVI Sensors, Temperature Sensors, and Others)), by Platform/Carrier type (Conveyor-Based/Modular Systems, Bench-Based Systems, Handheld/Portable Systems, and Drones), by Automation Type (Fully Automated, Semi-Automated, and Manual), by Analysis System Type (Image Analysis Systems, Multispectral Scientific Cameras, Canopy Analysis Systems, Fluorometers, and Others), by Application (High-Throughput Screening, Trait Identification, Photosynthetic Performance, Morphology and Growth Assessment)- Market Outlook And Industry Analysis 2031"

The Global Plant Phenotyping Market is estimated to reach over USD 640.89 million by 2031, exhibiting a CAGR of 11.93% during the forecast period.

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The development of plant phenotyping as a scientific method establishes a connection between plant agronomy and genomics. The plant phenotype, which reflects the functional characteristics of a plant body, results from the dynamic interaction between the plant's genetic composition (genotype) and the environmental conditions in which it grows. The plant phenotyping market is expected to experience significant growth over the forecast period, driven by increased research and development (R&D) efforts aimed at enhancing the efficiency of plant phenotyping techniques. A key factor contributing to the rapid expansion of the global plant phenotyping market is the implementation of stringent agricultural regulations concerning crop safety and nutritional value.

Moreover, advancements in imaging technology have facilitated more precise evaluations of plant traits, enabling the development of improved crop varieties tailored to specific environmental conditions. Imaging techniques, including imaging spectroscopy, infrared imaging, fluorescence imaging, and visible light imaging, are instrumental in identifying the optical characteristics of plants by collecting data at both the macroscopic and molecular levels.

List of Prominent Players in the Plant Phenotyping Market:
• BASF SE
• Cropdesign
• Delta-T Devises Ltd.
• Heinz Walz Gmbh
• Hiphen
• Keygene N.V.
• Lemnatec (Nynomic Ag)
• Phenomix
• Photon Systems Instruments
• Bex, Co. Ltd.
• Plant-DiTech
• Qubit Systems Inc.
• Rothamsted Research Limited
• Vienna BioCenter Core Facilities
• WIWAM
• WPS B.V.

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Market Dynamics
Drivers:
The increasing demand for advanced plant phenotyping techniques, such as image analysis, temperature sensors, and normalized difference vegetation index (NDVI) sensors, is expected to drive market growth over the forecast period. Additionally, the need to enhance crop production by minimizing downtimes, improving operational accuracy, and increasing agricultural research activities is likely to generate significant growth opportunities throughout the forecast period. Moreover, rising investments by key industry players in the agricultural sector are anticipated to further accelerate market expansion across various regions worldwide.

Challenges:
Limited investments in the agricultural sector and insufficient technological awareness in developing nations may restrict the growth of the plant phenotyping market. Furthermore, inadequate support for collaboration between laboratory-based research scientists and field-based practitioners, along with the absence of a unified national policy for agricultural institutions, presents additional challenges. Budgetary constraints in several Southern European countries may also impede the adoption of advanced agricultural practices, thereby slowing market development.

Regional Trends:
North America is anticipated to hold a significant share of the plant phenotyping market in terms of revenue and is projected to experience robust growth in the near future. This expansion is supported by increased government and private sector initiatives aimed at developing new technologies. The establishment of organizations such as the North American Plant Phenotyping Network (NAPPN), which brings together researchers and scientists to accelerate research and development, is a key contributor to this growth. In Europe, the European Plant Phenotyping Project (EPPN) has been launched to establish a robust phenotyping infrastructure. This initiative includes networks such as the UK Plant Phenomics Network, the French Plant Phenotyping Network (FPPN), the International Plant Phenotyping Network (IPPN), and the Deutsches Pflanzen Phänotypisierungs Netzwerk (DPPN).

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Recent Developments:
• In March 2022, Royal Van Zanten and KeyGene formed a collaboration to accelerate ornamental crop breeding. Royal Van Zanten, a leading company in pot plants, cut flowers, and flower bulbs, will benefit from the partnership by accelerating the creation of market-focused varieties in its decorative crops and strengthening its staff of dedicated breeders and scientists.

Segmentation of Plant Phenotyping Market-
By Product-
• Equipment
• Software
o Data acquisition
o Image analysis
o System control
o Others
• Sensors
o Image sensors
o NDVI sensors
o Temperature sensors
o Others
By Platform/Carrier Type:
• Conveyor-based/modular systems
• Bench-based systems
• Handheld/Portable systems
• Drones
By Automation Type:
• Fully automated
• Semi-automated
• Manual
By Analysis System Type:
• Image analysis systems
• Multispectral scientific cameras
• Canopy analysis systems
• Fluorometers
• Others
By Application:
• High-throughput screening
• Trait identification
• Photosynthetic performance
• Morphology and growth assessment
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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This release was published on openPR.